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Money Matters with Jack Mallers
EP. 3: DAVE PORTNOY
Aug 22, 2023
Jack Mallers interviews Dave Portnoy, founder of Barstool Sports. They discuss the growth of Barstool Sports, including strategies used to expand online. They also talk about business deals, regulatory challenges, and unfair fines. The conversation touches on market manipulation, media coverage, and political corruption. They discuss growing a profitable business, their involvement with Bitcoin and token troubles, and the altruistic nature of Bitcoin.
01:09:21
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Quick takeaways
- Barstool Sports went from a Boston newspaper focused on gambling to a well-known and edgy cult brand with a strong online presence.
- Barstool Sports faced regulatory challenges and financial instability but aims to turn the company around through strategic decision-making and exploring new revenue streams.
Deep dives
Barstool Sports' Rise and Founding
Barstool Sports started as a Boston newspaper focused on gambling and fantasy sports. It gradually expanded and shifted its content to include pop culture and lifestyle topics. The online version gained traction, especially with its revolutionary feature of featuring local girls from Boston. Barstool Sports grew into a well-known and edgy cult brand, reaching audiences beyond Boston. The newspaper era eventually gave way to focusing solely on the online platform.
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